Global

March 21, 2018 @ 11:50 am By JD Alois  |  

  We recently published an article from John Auckland, from TribeFirst, about HMRC’s new SEIS / EIS guidelines. Since we released this, the crowdfunding platforms met with HMRC to discuss the potential limitations these guidelines might present for companies looking to raise money through crowdfunding, so… Read More

March 21, 2018 @ 9:25 am By JD Alois  |  

The London Stock Exchange and TheCityUK will be releasing a report on Fintech in the UK later today. In advance of the report, the two entities have revealed data points uncovered in the survey. The UK research polled more than 400 Fintech companies in eight… Read More

March 21, 2018 @ 8:08 am By JD Alois  |  

Investment crowdfunding platform SyndicateRoom is out with new research that indicates investment risk appetite is increasing while returns fail to match the goals held by nearly half of investors. “The low-yield economic environment is having serious effects on the nation’s ability to reach its financial… Read More

March 20, 2018 @ 11:00 pm By JD Alois  |  

Australia’s digital currency market is booming. This is according to a report by the Australian Digital Commerce Association (ACDA) and Accenture that tallied the numbers for 2017. During the year, over AU $3.9 billion was traded on cryptocurrency exchanges with more than 300,000 active traders…. Read More

March 20, 2018 @ 10:14 pm By Marina Evseeva  |  

The Russian Parliament has started finalizing a draft bill on cryptocurrency and digital tokens recognising them as assets that cannot be used in exchange for goods and services. The draft aims to define the scope of the regulations of cryptocurrencies, not their prohibition, according to… Read More

March 20, 2018 @ 4:43 pm By JD Alois  |  

  The Group of Twenty or G20 held a meeting this week in Buenos Aires. Participating countries include Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States plus the… Read More

March 20, 2018 @ 10:12 am By JD Alois  |  

Fintech Currencycloud, an international payments platform, has announced the launch of Global Collections. Leveraging multi-currency accounts receivable offering, banks and other payments companies may allow customers to receive payments across borders without the typically exorbitant fees and extensive delays prevalent in payment transfers today. Currencycloud is… Read More

March 20, 2018 @ 9:53 am By JD Alois  |  

Long Blockchain Corp. (Nasdaq: LBCC) has closed on a strategic investment in Stater Blockchain Limited, a company focused on developing and deploying scalable blockchain technology solutions in the financial markets. Stater’s wholly-owned subsidiary, Stater Global Markets, is a Financial Conduct Authority (FCA) regulated brokerage that facilitates market… Read More

March 20, 2018 @ 9:48 am By Erin Hobey  |  

UK Fintech Week 2018 is going strong (follow twitter at #IFGS20); one expects exciting developments and updates. Last week digital challenger bank Revolut announced that it was facilitating easy monthly payments such as phone bills, utilities and other regular services. This morning Revolut launched a new,… Read More

March 20, 2018 @ 8:48 am By Erin Hobey  |  

Step in line, crypto platforms. Global Digital Finance (GDF) has launched to drive a code of conduct for cryptoassets. Non-profit GDF has convened key stakeholders to develop a global code of conduct and a taxonomy for cryptoassets, comprised of global distributed ledger and cryptoasset space… Read More

March 20, 2018 @ 8:19 am By JD Alois  |  

The Israel Securities Authority (ISA) has published their interim report on cryptocurrencies. The document was present to Chairman of the ISA, Anat Gueta, yesterday. The document is a product of an inter-departmental Committee that was established last August to research cryptocurrencies. The report includes a… Read More

March 20, 2018 @ 1:14 am By JD Alois  |  

Culum Capital, a Singapore-based receivables and supply chain financing platform, has received an investment  from GTR Ventures. GTR revealed several Fintech investments this past week – mainly in the online lending vertical. “We are thrilled to be partnering with GTR Ventures,” commented Ginnie Chin, co-founder &… Read More

March 19, 2018 @ 3:22 pm By JD Alois  |  

HD View 360 Inc (OTC:HDVW), another company that issued a press-release mentioning Blockchain only to see trading in their shares suspended, has been hit with an enforcement action by the Securities and Exchange Commission along with a related criminal prosecution. The SEC first issued an… Read More

March 19, 2018 @ 3:19 pm By Samantha Hurst  |  

Less than two months after Venezuela issued a white paper on its proposed cryptocurrency, Petro, President Trump has signed an executive order that bans the controversial cryptocurrency. As previously reported, Petro’s background dates back to “proposals for global financial and monetary coordination prior to the hegemony… Read More

March 19, 2018 @ 11:59 am By JD Alois  |  

The City of London Corporation and Innovate Finance have jointly announced the launch of the Fintech Strategy Group (FSG) to help continue the success of the UK Fintech sector. According to Innovate Finance, the group will combine senior industry leaders across the sector including banks,… Read More

March 19, 2018 @ 11:38 am By JD Alois  |  

MarketInvoice has announced a new milestone of having topped £2 billion worth of invoice finance and business loans to UK companies. Launched in 2011, MarketInvoice has now provided financing solutions to thousands of businesses across the UK. The company reports that during this time over… Read More

March 19, 2018 @ 10:04 am By JD Alois  |  

Christopher Woolard, the UK’s Financial Conduct Authority  Executive Director of Strategy and Competition, delivered a keynote speech today at the Innovate Finance Global Summit. Woolard is the defender and champion of the vital competition mandate that has made the FCA a successful financial regulator.  Woolard… Read More

March 19, 2018 @ 7:00 am By JD Alois  |  

The European Commission recently revealed its plan to support Fintech Innovation across Europe – a vital aspect of the EU economy. Included within the plan, was a statement and outline of improving the environment for pan-European crowdfunding. In many ways, investment crowdfunding is core to the… Read More

March 18, 2018 @ 4:50 pm By JD Alois  |  

Global financial firm Allianz recently published a harsh assessment of Bitcoin. Stefan Hofrichter, Head of Global Economics & Strategy at Allianz Global Investors, writing under the category of investment themes and strategies, is of the opinion that Bitcoin is a huge fail. A bubble getting ready… Read More

March 17, 2018 @ 5:00 pm By JD Alois  |  

While several countries have sought to stomp out crypto-innovation, and others have tried to accomplish rule making by enforcement action, France appears to be ready to embrace the cryptocurrency revolution. According to a report in Les Echos, the most prominent business publication in France, legislators… Read More